Planning for Retirement - continued

Well, my husband has started planning an attachment room for the farm.  This would be better than a modular home, and he thinks we can build it ourselves.  If the lake house doesn't work out, this might be a less expensive alternative to retirement housing.  Being in central Texas, I'm not sure how much I would actually like living there.  It is a nice property, 120 acres, but it is owned by joint tenancy and any money attached to the land would partly belong to the other owners as well.  Just another idea.  Input welcome.

What am I doing with my life: Planning for Retirement

What am I doing with my life: Planning for Retirement

Planning for Retirement

It's that time in my life where I need to start thinking about what to do in my retirement years.  I've changed my career from Teacher/Psychologist (though I maintain my licenses) to Real Estate.  I'm licensed as a broker in both Texas and Louisiana and work with Realty Associates in Harris and Montgomery Counties of Texas and McBryde & Associates in Many, Louisiana.  I think this can be some retirement income that isn't driven by age. 

In addition to thinking about income, my husband and I are trying to plan where we want to live and to do in our retirement years.  Choices are: to build a house on our lake property in Many, Louisiana, build something on my farm in Texas, or stay put in Houston.  Another choice that my husband Mike keeps throwing out is a partial relocation to Equador.

on top of that, we are trying to evaluate our hobbies which tend to cost a bit to see what we can afford.  I love family history and the travel that involves.  I love photography and I love music.  We have also recently discovered the world of cruising.  I love beautiful countryside and taking pictures that I'll probably never sell.  Finally, I have always wanted to write a novel, but I'm not even strict enough with myself to write a blog daily.

Our first hope is to build the home at the lake, but if anyone has been following any of my blogs, I have spent over a year designing the perfect retirement home only to discover that I can't afford to build it.  We are currently in the process of talking with builders and also evaluating the idea of owner built.  Whichever project I go with should give me ample subject matter to blog about. 

So hopefully, this will be one of many blogs to come.  I appreciate all comments and suggestions.